新鮮的微風流過美國加密監管的走廊

在唐納德·特朗普（Donald Trump）晉升為總統職位之後，監管格局目睹了地震遷移，尤其是在美國證券交易委員會（SEC）的監視下。

Fresh breeze fills the corridors of crypto regulation in the US as the new administration of Donald Trump ushers in an era of change.

在變革時代，唐納德·特朗普（Donald Trump）的新政府將新的微風填補了美國加密監管的走廊。

Following the departure of former chair Gary Gensler, Mark Uyeda has taken the helm of the Securities and Exchange Commission (SEC) in a role that promises to be pivotal for the future of crypto.

前主席加里·貢斯勒（Gary Gensler）離開後，馬克·烏耶達（Mark Uyeda）擔任美國證券交易委員會（SEC）的掌舵人，擔任保證對加密貨幣的未來至關重要的職務。

With a stated focus on a lighter touch and less regulation-by-enforcement, the interim chair is poised to guide the SEC in a new direction.

據稱著重於輕巧的觸摸和逐個執法的法規，臨時椅子有望指導SEC朝著新的方向前進。

This shift in strategy comes at a crucial time, especially considering the recent spate of litigation cases.

戰略的這種轉變是在關鍵時期的，尤其是考慮到最近的訴訟案件。

Large digital asset platforms like Coinbase, Binance, and Kraken have been frequent subjects of the SEC’s scrutiny. However, recent developments have seen several of these cases dismissed.

Coinbase，Binance和Kraken等大型數字資產平台經常是SEC審查的主題。但是，最近的事態發展已駁回了其中一些案件。

A key voice in this realignment is Hester Peirce, commissioner at the SEC.

SEC的專員Hester Peirce是此重新調整中的關鍵聲音。

Her insights into the stifling nature of litigation and the limited scope of enforcement as a policymaking tool have been instrumental in shaping the shift toward a more nuanced approach.

她對訴訟的令人窒息的性質的見解以及作為政策制定工具的有限執行範圍有助於塑造向更細微的方法的轉變。

Highlighting the importance of striking a balance, Peirce notes the recent dismissal of Coinbase’s case and the pending approval of several crypto ETFs. She cautions against the twin-headed hydra of ambiguity in regulations, which threatens both innovation and talent migration.

皮爾斯（Peirce）強調了達到平衡的重要性，並指出了最近駁回了Coinbase案件和幾個加密ETF的待定批准。她警告說，在法規中，對雙頭九頭蛇的歧義，這威脅到創新和人才遷移。

Crucially, the restructuring extends beyond mere policy shifts.

至關重要的是，重組超出了僅僅政策的轉變。

Key personnel changes, such as the reassignment of Jorge Tenreiro, head of the SEC’s technology department, to a broader role in internal programs and administrative support, signals a broader realignment.

關鍵人員的變化，例如SEC技術部負責人豪爾赫·特雷羅（Jorge Tenreiro）在內部計劃和行政支持中發揮更廣泛的作用，這表明了更廣泛的重新調整。

This realignment is aimed at fostering collaboration between regulators and innovators.

這種重組旨在促進監管機構與創新者之間的合作。

It remains to be seen how this will unfold, but the intent is clear: to create an environment that is conducive to both compliance and innovation.

這將如何發展還有待觀察，但意圖很明確：創建一個有利於合規性和創新的環境。

Industry figures like Michael Saylor, leader of Strategy, are already weighing in on the implications.

戰略領導人邁克爾·塞勒（Michael Saylor）等行業人物已經在影響這一影響。

Saylor highlights the shift from a "punitive" to a "constructive" engagement with industry. This, he adds, will be critical for the U.S. to become a pacesetter in the new digital economy.

Saylor強調了從“懲罰性”到與行業的“建設性”互動的轉變。他補充說，這對於美國成為新數字經濟中的傑出人士至關重要。

American crypto enthusiasts are expressing optimism.

美國加密愛好者表達了樂觀。

The Trump administration’s known pro-crypto stance and signals from the White House point toward a strong interest in fostering growth and innovation.

特朗普政府已知的親克賴特托立場和白宮的信號表明，人們對促進增長和創新產生了強烈的興趣。

Early signs of this transformation are already emerging.

這種轉變的早期跡像已經出現。

The SEC’s blotter shows a series of dismissed litigations against major players. These include Consensys, known for its Web3 technology, and Robinhood, the popular stock trading platform that recently expanded into crypto. Another notable case is Uniswap, a decentralized exchange platform.

SEC的印跡顯示了一系列針對主要參與者的訴訟。其中包括以其Web3技術而聞名的共識，以及Robinhood，這是最近擴展到加密貨幣的流行股票交易平台。另一個值得注意的情況是Uniswap，一個分散的交換平台。

Furthermore, the climate appears ripe for the approval of crypto Exchange Traded Funds (ETFs), with several applications currently pending.

此外，氣候似乎已經成熟，可以批准加密交易所交易基金（ETF），目前有幾項申請正在待處理。

This move would open up new avenues for investors to participate in the crypto market in a more accessible manner.

此舉將為投資者提供新的途徑，以更容易獲得的方式參與加密市場。

As the narrative unfolds, the winds of change within the SEC appear to be setting a course toward a more balanced and visionary approach to crypto regulation.

隨著敘述的展開，SEC內的變化之風似乎正在為更平衡，更具遠見的加密法規的方法樹立了一條課程。

Investors and innovators are eagerly anticipating the full scope of this transformation and its implications for the future of finance.

投資者和創新者急切地期待這種轉型的全部範圍及其對財務未來的影響。